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Mogale Tailings Retreatment operations manager Oriel Shikwanbana
Mogale Tailings Retreatment operations manager Oriel Shikwanbana
Contract route saves gold project R300m, local tech takes tanks out of critical path
7th October 2024 By: Martin Creamer

The contract route chosen to recover gold from the mine dumps of the West Rand’s Mogale City reduced the project cost by R300-million. In addition, the technical prowess of a Krugersdorp fabrication and erection company down the road virtually... 


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First Africa Metals announces exceptionally high-grade lithium at Zambia project
7th October 2024 By: Tasneem Bulbulia

Private UK mining exploration company First Africa Metals says rock chip sampling has confirmed exceptionally high-grade lithium-bearing pegmatites at its Misika project, in the Southern province... 


Rough diamonds
Angola diamonds not under sanctions but Russia link is obstacle
7th October 2024 By: Bloomberg

Angola’s State-owned diamond producer said some clients were deterred by its partnership with Russia’s Alrosa PJSC, but underlined that its output doesn’t fall under western sanctions. Russian... 


Burkina Faso junta leader Captain Ibrahim Traore
Burkina Faso plans to withdraw some mining permits, junta leader says
7th October 2024 By: Reuters

Burkina Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, junta leader Ibrahim Traore said on Saturday, without specifying which... 


Takeovers Panel backtracks on ERA offer
Takeovers Panel backtracks on ERA offer
7th October 2024 By: Mariaan Webb

The Takeovers Panel has made a u-turn on its stance towards a planned A$800-million entitlement offer by former uranium miner Energy Resources of Australia (ERA). The panel has reversed an earlier... 


Iron-ore pushes higher on hopes more China stimulus is coming
Iron-ore pushes higher on hopes more China stimulus is coming
7th October 2024 By: Bloomberg

Iron-ore rose — following two sharply weekly gains — on speculation China’s top economic planner will unveil more stimulus measures at a press briefing on Tuesday morning. The steelmaking staple... 


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Copper demand for electric vehicles is intact, trader IXM says
7th October 2024 By: Reuters

The uptrend in demand for metals such as copper used in electric vehicles is intact despite doubts raised by the slowdown in EV sales, but estimating numbers is difficult as the market is evolving,... 


France’s Orano sees progress developing uranium mine in Mongolia
France’s Orano sees progress developing uranium mine in Mongolia
7th October 2024 By: Bloomberg

A long-delayed, multi-billion dollar uranium project in Mongolia under development by French State-controlled miner Orano could start producing the nuclear fuel by 2030, the company said.... 


Hedge fund Elliott loses appeal against dismissal of LME nickel lawsuit
Hedge fund Elliott loses appeal against dismissal of LME nickel lawsuit
7th October 2024 By: Reuters

Hedge fund Elliott Associates on Monday lost an appeal against the dismissal of its lawsuit against the London Metal Exchange over billions of dollars of cancelled nickel trades, which judges said... 


Chevron to sell assets worth $6.5bn to Canadian Natural Resources
7th October 2024 By: Reuters

Chevron is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources for $6.5-billion, the oil giant said on Monday as it puts in motion its divestiture plan. The... 


Interra buys early-stage BC copper project
7th October 2024 By: Mariaan Webb

CSE-listed Interra Copper on Monday announced an agreement to acquire a 100% right, title and interest in the Stars property from fellow-listed Aurwest Resources. The Stars property is an... 


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Mongolian mining sector adopts Canada’s sustainable mining standards
7th October 2024 By: Creamer Media Reporter

The Mongolian National Mining Association (MNMA) has announced the adoption of Towards Sustainable Mining (TSM), a performance system developed by the Mining Association of Canada (MAC) that... 


North Carolina quartz mine owner says Helene damage was minimal
7th October 2024 By: Bloomberg

The owner of a North Carolina quartz mine that’s a key source for high-purity quartz used in global semiconductor manufacturing said its operations sustained only minor damage in the wake of... 


OceanaGold’s Waihi North and Macraes Phase 4 projects have been included in the list.
11 mining projects included in NZ fast-track list
7th October 2024 By: Mariaan Webb

Of the 149 infrastructure and development projects released this weekend for inclusion in New Zealand’s Fast Track Approvals Bill, 11 are mining projects. These include OceanaGold’s Waihi North... 


The processing plant is currently in Ottawa, Canada.
New Talisman Gold project left out of NZ’s fast-track bill
7th October 2024 By: Creamer Media Reporter

ASX- and NZX-listed New Talisman Gold Mines has announced that its Talisman project will not be included in New Zealand's upcoming Fast Track Approvals Bill, set to go before Parliament later this... 


Kali expands Pilbara lithium holdings, amends SQM JV
7th October 2024 By: Mariaan Webb

ASX-listed Kali Metals on Monday announced the acquisition of two new tenements - DOM’s Hill and Pear Creek – in the Pilbara region of Western Australia. These tenements, which Kali is buying from... 


Sector News

Magazine

Magazine round up | 04 October 2024
Magazine round up | 04 October 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

GREENER CEMENT: Two of the world’s biggest cement producers, Holcim and CRH, have announced a $75-million investment into Sublime Systems, of the US, which has developed an electrochemical method of cement production that avoids the process of heating up limestone with kilns powered by fossil fuels. In tests at its 250-ton-per-year pilot plant, Sublime has been able to demonstrate a 90% reduction in carbon emissions when compared with the traditional process. Photograph: Bloomberg
GREENER CEMENT

Two of the world’s biggest cement producers, Holcim and CRH, have announced a $75-million investment into Sublime Systems, of the US, which has developed an electrochemical method of cement... 

Photo of Martin Creamer
Wealth creation must be encouraged, wealth consumption kept in check

Mining, agriculture, manufacturing and everything that uplifts local business must be encouraged by government and wealth consumption kept in proper check. The long wait for exploration and mining... 

Photo of Terence Creamer
Mix(ed) messages

It’s time for South Africa to interrogate its policy of pursuing a so-called ‘energy mix’, which may sound reasonable, but which has become little more than a convenient fig leaf for policy... 

Business Leader

Raisibe Morathi, Group CFO and executive director of Vodacom Group
Raisibe Morathi

This week we profile Raisibe Morathi, CFO and executive director of telecoms and fintech group Vodacom  

TARIFF TUG OF WAR: With the official release of Eskom’s allowable revenue application, which confirms that it is indeed seeking a hefty 36% hike next year, all eyes will now turn to the National Energy Regulator of South Africa. The upcoming public hearings in November and December are likely to be robust and hostile, particularly for Eskom, which won’t receive much support, if any, even from government.
TARIFF TUG OF WAR

With the official release of Eskom’s allowable revenue application, which confirms that it is indeed seeking a hefty 36% hike next year, all eyes will now turn to the National Energy Regulator of... 

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